Biwin Storage released an official announcement, revealing that it had just received a "Notification on the Progress of the Share Reduction Plan" from the National Integrated Circuit Industry Investment Fund Co., Ltd. (Phase II). From October 9 to December 2, 2025, the fund executed a series of block trades, cumulatively offloading 4,646,000 shares in the company. These transactions represent a 0.9955% reduction in the company's total share capital. Consequently, the fund's shareholding ratio dropped from 7.9033% to 6.9078%, crossing the 1% reduction threshold. This move is a routine operation for a shareholder with a stake exceeding 5%. It does not entail a tender offer, nor does it raise any concerns regarding the source of funds. Furthermore, it will not lead to any alterations in the company's controlling shareholder or actual controller. Additionally, the company's governance structure and ongoing operations will remain unaffected.
